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1.1.1 Role of main economic groups

Card 1 of 25

Which three groups make every economic decision in the UK?

A

To gain more satisfaction from their limited income.

B

They are services that no producer would supply to everyone because users cannot be charged.

C

Government tax revenue falls at the same time as producers' output.

D
  • Consumers
  • Producers
  • Government

Card 1 of 25

1.1.1 Role of main economic groups Flashcards

  1. GCSE
  2. /Economics
  3. /1.1.1 Role of main economic groups

25 flashcards on OCR GCSE Economics 1.1.1 Role of main economic groups: the key terms, formulae and calculations you need to recall for Component 01 and Component 02.

Flashcards